Leathernecks Posted February 2, 2021 Report Share Posted February 2, 2021 Looks like Gamestop, AMC, and a couple other stocks that were pumped up are coming crashing down hard the last few days. Gamestop is on its 3rd straight day of pretty heavy selling. I wonder if it has another run in it, or if this is the beginning of the end. Quote Link to comment Share on other sites More sharing options...
NotIThatLives Posted February 2, 2021 Author Report Share Posted February 2, 2021 (edited) 54 minutes ago, Leathernecks said: Looks like Gamestop, AMC, and a couple other stocks that were pumped up are coming crashing down hard the last few days. Gamestop is on its 3rd straight day of pretty heavy selling. I wonder if it has another run in it, or if this is the beginning of the end. Some reddit investigators are saying after market volume is really low and no way they have covered the shorts. I saw some timeline for reporting, it's reporting today by 6 pm est. And then that info is disseminated the 9th at 4 pm. http://www.nasdaqtrader.com/trader.aspx?id=shortintpubsch Many of the redditors and deep blanking value are saying hold. Edited February 2, 2021 by NotIThatLives 1 Quote Link to comment Share on other sites More sharing options...
Seeking6 Posted February 2, 2021 Report Share Posted February 2, 2021 2 hours ago, Leathernecks said: Looks like Gamestop, AMC, and a couple other stocks that were pumped up are coming crashing down hard the last few days. Gamestop is on its 3rd straight day of pretty heavy selling. I wonder if it has another run in it, or if this is the beginning of the end. Lots of reasons why. Some good some not so good. I'm staying put for the time being. I'm actually coming around on AMC for the near term (12 months) ...not just what each day brings. If it dips again below $6 I'm buying more. Quote Link to comment Share on other sites More sharing options...
Leathernecks Posted February 2, 2021 Report Share Posted February 2, 2021 2 hours ago, Seeking6 said: Lots of reasons why. Some good some not so good. I'm staying put for the time being. I'm actually coming around on AMC for the near term (12 months) ...not just what each day brings. If it dips again below $6 I'm buying more. I'm on to the next boom...dogecoin! Not really, it's crap, but I do like the Stellar Lumens crypto. 1 Quote Link to comment Share on other sites More sharing options...
Leathernecks Posted February 7, 2021 Report Share Posted February 7, 2021 On 2/2/2021 at 5:18 PM, Leathernecks said: I'm on to the next boom...dogecoin! Not really, it's crap, but I do like the Stellar Lumens crypto. Maybe I should have put money in dogecoin! It has about doubled since I posted this. It is way too much of a crap shoot for my blood though. I'm happy holding onto my Lumens. Up about 20% since I bought it last Saturday. Really like the company and the potential of their coin. It's really surging tonight which is part of why I bought some. Gives me something to watch on the weekends. Also bought into a penny stock yesterday, LLKKF. Produces possibly the most pure lithium for batteries in the world. The process is being tested by battery maker Novonix. The chief scientific advisor at Novonix, Jeff Dahn, has a battery research contract with Tesla. I'm looking for the LLKKF lithium to make great batteries that end up getting used by Tesla. If that happens, this stock could be a monster. Always a risk with a stock that is $0.26, but man, if they do pick up a Tesla contract, this thing could skyrocket. Quote Link to comment Share on other sites More sharing options...
HoosierFaithful Posted February 7, 2021 Report Share Posted February 7, 2021 Does anyone have a link to a compelling report on what exactly happened here and how the stock tanked back down so quickly? So much news coverage, it's hard to sift thru. Quote Link to comment Share on other sites More sharing options...
NotIThatLives Posted February 7, 2021 Author Report Share Posted February 7, 2021 25 minutes ago, HoosierFaithful said: Does anyone have a link to a compelling report on what exactly happened here and how the stock tanked back down so quickly? So much news coverage, it's hard to sift thru. You talking Gamestop? Many believe that Melvin played with the ladder attacks and with Robinhood and others help to freeze buying, scaring the piss out of the paper hands to sell and now they have been able to cover their shorts. However, Deepbeepingvalue is holding and many others saying they think it's mathematically impossible for them to have totally covered. We will know on the 9th at 4pm when the info is released publicly. Still holding my 3. Quote Link to comment Share on other sites More sharing options...
mrflynn03 Posted February 7, 2021 Report Share Posted February 7, 2021 Really happy with my new 401k plan. Quote Link to comment Share on other sites More sharing options...
NotIThatLives Posted February 7, 2021 Author Report Share Posted February 7, 2021 7 minutes ago, mrflynn03 said: Really happy with my new 401k plan. how's it looking? Quote Link to comment Share on other sites More sharing options...
mrflynn03 Posted February 7, 2021 Report Share Posted February 7, 2021 (edited) 2 minutes ago, NotIThatLives said: how's it looking? It's with Fidelity which I already have an account with. 4% match, 100% vested on my first day which is Monday. The thing I like about Fidelity is alot of their funds have low expense ratios. Edited February 7, 2021 by mrflynn03 2 Quote Link to comment Share on other sites More sharing options...
Leathernecks Posted February 7, 2021 Report Share Posted February 7, 2021 26 minutes ago, mrflynn03 said: It's with Fidelity which I already have an account with. 4% match, 100% vested on my first day which is Monday. The thing I like about Fidelity is alot of their funds have low expense ratios. Hard to beat any employee match. Always nice to be able to get free money with no risk. 1 Quote Link to comment Share on other sites More sharing options...
mrflynn03 Posted February 7, 2021 Report Share Posted February 7, 2021 5 minutes ago, Leathernecks said: Hard to beat any employee match. Always nice to be able to get free money with no risk. Agreed. 4% is the the most I've had but I've had a 5 yr and 3 yr vesting schedule. All my bennies start day 1. Even better, no contract and no non compete agreement. But the really dont need one. 1 Quote Link to comment Share on other sites More sharing options...
Lostin76 Posted February 7, 2021 Report Share Posted February 7, 2021 I started this year realizing I’m eligible for the $6K catch up contribution to my TIAA-CREF 403 account. So, bumped up that contribution to the max of $26K per year. Will help a bit on taxes and I want to turbocharge these last 5-7 years before I hopefully retire early. 1 Quote Link to comment Share on other sites More sharing options...
Leathernecks Posted February 7, 2021 Report Share Posted February 7, 2021 11 minutes ago, Lostin76 said: I started this year realizing I’m eligible for the $6K catch up contribution to my TIAA-CREF 403 account. So, bumped up that contribution to the max of $26K per year. Will help a bit on taxes and I want to turbocharge these last 5-7 years before I hopefully retire early. That's also how much I put into mine...every 9 or 10 years haha. Crazy New Yorkers! 2 Quote Link to comment Share on other sites More sharing options...
Lostin76 Posted February 7, 2021 Report Share Posted February 7, 2021 23 minutes ago, Leathernecks said: That's also how much I put into mine...every 9 or 10 years haha. Crazy New Yorkers! Yes, we are insane. If I told you how much we pay in rent each month for our 500 sq ft box you would think I’m insane. Quote Link to comment Share on other sites More sharing options...
Leathernecks Posted February 7, 2021 Report Share Posted February 7, 2021 30 minutes ago, Lostin76 said: Yes, we are insane. If I told you how much we pay in rent each month for our 500 sq ft box you would think I’m insane. Oh I bet. I'm sure it's a different world than my rural Illinois town! 1 Quote Link to comment Share on other sites More sharing options...
JOEunderscoreHoopsier Posted February 8, 2021 Report Share Posted February 8, 2021 (edited) 2 hours ago, Lostin76 said: Yes, we are insane. If I told you how much we pay in rent each month for our 500 sq ft box you would think I’m insane. I just went and worked up material cost of turning my daughters 484 sq ft garage into two bead rooms, bath and workout room. Less than $6k. what ya paying a month? Edited February 8, 2021 by JOEunderscoreHoopsier 1 1 Quote Link to comment Share on other sites More sharing options...
Lostin76 Posted February 8, 2021 Report Share Posted February 8, 2021 13 hours ago, Leathernecks said: Oh I bet. I'm sure it's a different world than my rural Illinois town! Different than the rural Indiana town I grew up in that’s for sure. Although, Brooklyn is the same in many ways - just not cost. 1 Quote Link to comment Share on other sites More sharing options...
Lostin76 Posted February 8, 2021 Report Share Posted February 8, 2021 12 hours ago, JOEunderscoreHoopsier said: I just went and worked up material cost of turning my daughters 484 sq ft garage into two bead rooms, bath and workout room. Less than $6k. what ya paying a month? That’s what I keep telling my wife, we could build something upstate MUCH cheaper. Let’s just say less than two months of rent here is a bit more than your renovation.. 1 Quote Link to comment Share on other sites More sharing options...
Leathernecks Posted February 9, 2021 Report Share Posted February 9, 2021 Had a great day today. LLKKF went up about 30%, LTHM went up 10%, and my XLM crypto went up too. Cap it off with the football team bringing McCullough back, and it was a hell of a birthday!!! 4 Quote Link to comment Share on other sites More sharing options...
Inequality Posted February 9, 2021 Report Share Posted February 9, 2021 5 minutes ago, Leathernecks said: Had a great day today. LLKKF went up about 30%, LTHM went up 10%, and my XLM crypto went up too. Cap it off with the football team bringing McCullough back, and it was a hell of a birthday!!! Aye! Happy Birthday! 🎂🎉 1 Quote Link to comment Share on other sites More sharing options...
NotIThatLives Posted February 9, 2021 Author Report Share Posted February 9, 2021 I had $100 bucks in doge and got out yesterday up $49. I'm waiting on the 4pm info drop on where these hedge funds still stand on any shorts with gme before I cut my loses on the 3 shares. If you haven't heard of Shift Four Payments (Four) look them up. I was told their ceo has essentially said he's going to try and become a monopoly until he's stopped. It will be touch less payment system that will clean Square's clock. He's giving it to restaurants and small businesses. I already used the system to pay at Ashley Furniture and maggiano's. They print a receipt. You hit it with your qr reader. Bam pay. Quote Link to comment Share on other sites More sharing options...
Leathernecks Posted February 12, 2021 Report Share Posted February 12, 2021 On 2/9/2021 at 12:35 PM, NotIThatLives said: I had $100 bucks in doge and got out yesterday up $49. That's the thing with doge, I think there is money to be made at times, but not as a long term hold. Get in on a dip, and you might be able to make some money like you did. Never know with that coin though. Definitely a gambling man's crypto. I'm up close to 60% with XLM the last 2 weeks. It has been steady up every day for about a week now. I like that it isn't nearly as volatile as a lot of the crypto market. I haven't played around with crypto before now, but there are some crazy swings out there. I do think the crypto market in general is poised for a surge as they get more and more businesses jumping on board using crypto for payments. It will all be about finding the right one to have as places announce what coin they'll be using. I feel good that XLM will be used by a decent amount of businesses in the future. 1 Quote Link to comment Share on other sites More sharing options...
Lostin76 Posted February 12, 2021 Report Share Posted February 12, 2021 8 minutes ago, Leathernecks said: That's the thing with doge, I think there is money to be made at times, but not as a long term hold. Get in on a dip, and you might be able to make some money like you did. Never know with that coin though. Definitely a gambling man's crypto. I'm up close to 60% with XLM the last 2 weeks. It has been steady up every day for about a week now. I like that it isn't nearly as volatile as a lot of the crypto market. I haven't played around with crypto before now, but there are some crazy swings out there. I do think the crypto market in general is poised for a surge as they get more and more businesses jumping on board using crypto for payments. It will all be about finding the right one to have as places announce what coin they'll be using. I feel good that XLM will be used by a decent amount of businesses in the future. One thing I keep thinking about the crypto market is that it might get a boost if NY legalizes weed finally. Back before I found my delivery guy, I used a place in DC that you had to use some weird crypto for transactions. Quote Link to comment Share on other sites More sharing options...
Leathernecks Posted February 12, 2021 Report Share Posted February 12, 2021 35 minutes ago, Lostin76 said: One thing I keep thinking about the crypto market is that it might get a boost if NY legalizes weed finally. Back before I found my delivery guy, I used a place in DC that you had to use some weird crypto for transactions. Lots of money in the weed game. I was in Hexo stock for a while which was a weed company. Got out before it started to jump unfortunately. I think the next few years will see a lot of new businesses in crypto. Yesterday Mastercard said they're going to start supporting cryptocurrencies. I would guess a ton more places will do that in the next couple years. I think we'll see paying with cryptocurrencies become a lot more mainstream. 1 Quote Link to comment Share on other sites More sharing options...
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